NYSE$MIAX

Miami International Holdings Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

MIAX reported Q1 2026 total revenues of $369.7M and net income attributable to MIAX of $170.2M.

Miami International Holdings delivered Q1 2026 total revenues of $369.7 million (+13% YoY) with net income attributable to MIAX of $170.2 million versus a $21.4 million loss a year ago, reflecting strong options exchange volumes and improved operating leverage.

  • Revenue $369.7M (+13%).
  • Net income $170.2M vs. $(21.4)M YoY.
  • Options exchange volume tailwinds.
  • Warrants exercised; none outstanding at quarter end.
  • Technology and market share gains.

Headline financials

Total Revenue

$370M

No prior period
EPS

$1.56

No prior period
Capital Expenditures

-$11.7M

No prior period
Free Cash Flow

$49.2M

No prior period
Net Income

$170M

No prior period
Operating Income

$46M

No prior period
Gross Profit

$129M

No prior period
Cash & Equivalents

$551M

No prior period
Total Assets

$1.44B

No prior period

Revenue & EPS history

Miami International Holdings Inc · Revenue · Quarterly

$370M

Q1 2026
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

Trading volumes and regulatory environment drive outlook.

Tailwinds

  • Sharp profitability inflection.
  • Secular options volume growth.
  • Multi-exchange platform.

Headwinds

  • Volume mean reversion risk.
  • Regulatory fee changes.
  • Competitive exchange landscape.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 2 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+4.1%

Avg return

Earnings day

+9.7%

Avg return

5 days after

-14.1%

Avg return

30 days after

100%

2 / 2 earnings

Positive

+4.6%

Q1 2026

Best reaction

+3.6%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.6%+11.0%-21.9%
Q3 2025+3.6%+8.4%-6.3%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro